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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Uber Technologies

You Can Soon Book a Hot Air Balloon Through Uber

By Jasper Scherer
June 28, 2016, 1:00 PM ET
Saga Balloon Festival
Photograph by Kiyoshi Ota — Getty Images
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Uber users in China will soon be able to travel by car, boat, or even hot air balloon.

The moves come as part of the company’s new Uber+Travel venture, announced Monday by Uber China’s vice president of operations Kate Wang. Speaking at TechCrunch Shanghai, Wang also introduced a new digital magazine service called UberLIFE, which connects passengers to local events.

“This reminds us that Uber is a global service serving global citizens,” she said. “It is rooted in each of the cities.”

Uber found its users stay in its app for 90 seconds once they get in a car, according to TechCrunch. The new features let Uber take advantage of customers’ attention, and they fit into the company’s plan to grow beyond ride hailing.

Other new initiatives have included UberEATS, an on-demand food delivery service that recently expanded to London.

 

Hot air balloons aren’t Uber’s first foray into creative forms of transportation. The company flies UberCHOPPER customers to the annual Coachella music festival in helicopters and recently brought back UberJET after a two-year hiatus. It’s also building driverless cars.

For now Uber+Travel and UberLIFE, which will be rolled out at some point this year, are only available in China.

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